Tag: oil and gas industry
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Gas Planning: The Key to Offshore Namibia’s Success
Why Gas Planning Should Start Early in Offshore Projects Namibia’s burgeoning offshore oil discoveries hold the promise of significant energy potential for the country. However, industry leaders warn that the value of these discoveries hinges not just on extracting crude oil, but on how the associated gas is managed from day one. Tom Alweendo, Chief…
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Ovintiv Expands Montney Position with NuVista Energy Acquisition and Anadarko Divestiture Plan
Overview of Ovintiv’s Portfolio Transformation Ovintiv is advancing a major portfolio transformation by agreeing to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per NuVista share. This move is designed to scale Ovintiv’s oil and liquids-rich asset base and to strengthen its premier Montney position in Western Canada. In parallel, Ovintiv plans…